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USDJPY: Approaching Key Support at 150.000USDJPY is trading around 150.038, testing the critical support level at 150.000 after a sharp decline. The EMA 34 (152.215) and EMA 89 (150.899) act as strong resistance, limiting recovery momentum. If this support level is breached, the price may continue to drop toward the 148.000 zone, a significant previous low. Conversely, if the 150.000 level holds and the pair breaks above the EMA 34, USDJPY could target the 152.000 resistance level. News of the ceasefire in the Middle East has reduced safe-haven demand, putting pressure on the Japanese Yen, while the US Dollar remains strong due to high US Treasury yields. Traders should closely monitor these levels to adjust their strategies accordingly.
Long
by Vanna-Cris
USDJPY Awaits a Breakout at 155.878 USDJPY is currently trading in a short-term uptrend but is being held back by a descending trendline and the resistance level at 155.878. After bouncing from the strong support at 153.350, the price is now fluctuating around EMA 34 (154.850) and EMA 89 (153.995), reflecting a tug-of-war between buyers and sellers. Rising U.S. bond yields and the Bank of Japan's dovish policies continue to support the USD, while the Japanese Yen remains under pressure. The RSI at a neutral level of 51.52 indicates unclear market momentum. If the price breaks above 155.878, the uptrend could strengthen with a target near 157.000. Traders should closely monitor key levels to make informed decisions.
Long
by Vanna-Cris
USDJPY: Uptrend Faces Challenges at 156.65 ResistanceUSDJPY is currently trading at 155.68, reflecting a significant upward momentum in recent sessions. After successfully testing the strong support area at 153.40—a confluence of the 89 EMA and an ascending trendline—the pair surged sharply toward the key resistance zone at 156.65. However, the 156.65 – 157.00 zone is considered a "pressure area," with the potential to trigger a short-term correction. If the price fails to break above this resistance, USDJPY could pull back to test support at 154.70 or even deeper at 153.40. On the news front, the USD remains strong, driven by expectations that the Fed will maintain high interest rates, while the Bank of Japan continues its accommodative policy. Investors should pay close attention to key U.S. economic data, such as PMI figures and speeches from Fed officials this week, as these factors will strongly influence USDJPY's price action. Strategy: Monitor price reactions at the 156.65 resistance zone. A breakout could target 157.50, while rejection at this level increases the likelihood of a pullback toward support levels.
by Vanna-Cris
1
USDJPY: Near Resistance 156.70, Consolidation Awaits DirectionUSDJPY is currently trading around 154.62, approaching the key resistance level of 156.70 after recovering from strong support at 152.24. The EMA 34 and EMA 89 lines are near the current price, acting as dynamic resistance and hindering further upward momentum. The RSI indicator is hovering at a neutral level of 48, indicating a consolidating market with no clear trend. If the price fails to break through the resistance at 156.70, it is likely to pull back to the support levels at 153.70 or even 152.24. The primary driver of USDJPY's trend is the strengthening USD, supported by expectations that the Fed will maintain high interest rates, along with easing signals from the Bank of Japan (BoJ). However, any significant economic data from the US, particularly inflation figures or statements from the Fed, could strongly influence price action this week.
Short
by Vanna-Cris
USDJPY Strengthens: Support at 154.43 & Target 157.80 USDJPY continues its strong uptrend, currently trading around 154.649 within an ascending price channel. The EMA 34 and EMA 89 lines lie below the current price, acting as dynamic support to sustain the bullish momentum. The key support level at 154.43 will be crucial if a pullback occurs. If the price holds above this level, USDJPY is likely to continue rising toward the next resistance at 157.80. However, a break below 154.43 could increase bearish pressure. The USD's strength is supported by expectations that the Fed will maintain high interest rates, while the BoJ's loose monetary policy weakens the JPY. Investors should closely monitor U.S. economic data this week to assess USDJPY's next move.
by Vanna-Cris
USD/JPY is about to break through the 150.00 levelHello everyone, today let's update the USD/JPY pair with Alisa! USD/JPY is on the path to breaking through the 150 psychological level. Uncertainty surrounding the BoJ's policy and overall market optimism are supporting the USD. Although there have been comments about intervention by the Japanese government, geopolitical tensions and upcoming events may limit the JPY's downside. From a technical perspective, this pair is trading in a positive zone. However, if it fails to break through the resistance level of 149.58, USD/JPY may potentially decline towards the support level of 149.19. Conversely, if 149.19 can act as a springboard and help the pair break the resistance at 149.75, it could pave the way for the pair to target 150 and beyond. Investors should closely monitor BoJ policy news and geopolitical events to make informed investment decisions.
by Alisa_Rokosz
USD/JPY: Break Through $143.593 or Face a Deep Correction?The USD/JPY chart reveals an intense battle between buyers and sellers as the price hovers around $142.215. The support level at $141.682 acts as the final "shield" against any deeper declines. The current focus is on the key resistance at $143.593. If USD/JPY can break through this level, the path to $146.010 will open, offering a chance to reach new highs. However, if buyers fail to maintain momentum and the price falls below the $141.669 support, the pair may face a strong correction, pushing the market into a high-risk zone. Crucially, major economic news from Japan and unexpected moves from the BoJ will be decisive factors, with the potential to shift the course of this battle at any moment. Will USD/JPY rise to the challenge or retreat under market pressure?
Long
by Romio_pro
1
USD/JPY: The Battle Between Resistance and SupportUSD/JPY is "battling" around the 143.695 level, with a significant "challenge" at 144.435 and a key "support" at 142.053. The EMA 34 and EMA 89 are acting as "shields" for the current trend. The RSI indicator at 58.71 suggests a balanced market, but a major move could be on the horizon. If the resistance at 144.435 isn't broken, USD/JPY could reverse and pull back towards 142.053. In terms of news: The Japanese Yen has depreciated, possibly due to weak trading conditions during Monday's holiday. BoJ Governor Ueda stated that the central bank will continue adjusting the degree of monetary easing as needed.
by Romio_pro
USD/JPY Braces for a Major Turnaround from the FedUSD/JPY is in a tense phase as it trades at 142.48, close to the key descending resistance line. After failing to break through the 143.569 resistance level, the pair is sliding down, like a car rolling downhill, aiming for 141.269. But is this the final stop? If USD/JPY cannot hold at 141.269, we might witness a further drop, potentially sliding down to the deeper support level at 139.786. With the market heating up ahead of the Fed meeting, uncertainty is on the rise. Traders are holding their breath — will the upcoming Fed meeting provide a push to lift this pair, or will it intensify the downward trend? Get ready for some potential market "shocks"!
Short
by Romio_pro
USD/JPY Under Pressure, Facing Risk of CorrectionUSD/JPY is facing strong downward pressure, hovering around 141.56, with a downward trendline and key resistance at 142.541. The EMA 34 (141.56) and EMA 89 (142.97) are reinforcing the short-term bearish trend. If the price fails to break through this resistance, USD/JPY is likely to correct towards the support area and potentially drop further to 138.37. In terms of news, USD/JPY earlier dropped to 141.00 during the Asian session as the BoJ forecasted a rate hike, contrasting with the Fed's expected easing. This policy divergence places the pair at risk ahead of the Fed event.
Short
by Romio_pro
USD/JPY Under Bearish Pressure, Awaiting Fed DataDuring Tuesday's Asian session, USD/JPY is hovering near the 140.50 level, with key support at 139.570. If the price holds above this level, it could see a recovery towards the resistance at 141.007. EMA 34 and EMA 89 indicators are reinforcing the bearish pressure, positioned at 141.592 and 143.189, respectively. If USD/JPY breaks above the resistance at 141.007, the next target could be 142.896. The RSI is currently at 39.74, indicating that selling pressure remains dominant.
Long
by Romio_pro
USDJPY Ranging 142-144 Ahead of U.S. CPIOn the 3-hour timeframe of the USDJPY pair, the price is moving within a range between the support level of 142 and the resistance level near 144. Closest support: 142. This is a key support level, and if it breaks, a sharp decline to lower levels could follow. Key resistance: 144. If the price surpasses this level, a short-term bullish trend may be triggered. Traders can sell when the price touches the 143 resistance or breaks the 142 support, targeting the lower support levels of 142.500 and 141.800. Investors are awaiting tomorrow's U.S. CPI report. A higher-than-expected CPI could boost the USD, aiding USDJPY recovery, while a lower CPI would pressure the USD, causing further declines in USDJPY.
Short
by Romio_pro
USDJPY Tests 143 USD Resistance, Sell Opportunity AheadThe market is influenced by the monetary policies of the Bank of Japan and the Fed, along with U.S. interest rate updates and global economic conditions, continuing to cause volatility for this currency pair. On the 4-hour USDJPY chart, the price is trending downwards, moving below both the EMA and SMA 20, signaling strong selling pressure. The resistance near 143 USD has been tested several times but remains unbroken, indicating strong selling forces at this level. If the price fails to break the 143 USD resistance, USDJPY is likely to continue its downward movement, heading toward the 140 USD level. This could present a potential selling opportunity if the downtrend persists.
Short
by Romio_pro
USDJPY Deepens Decline: Support at 144.500, Target 143.000On the 3-hour chart, USDJPY is declining, approaching a key support level at 144.500, a level that has been tested and may react in the short term. If the price tests this support and doesn't recover strongly, it is likely to continue its downtrend with the next target at 143.000. The 89 and 34 EMAs act as resistance levels at 145.776 and 145.718, reinforcing the downward trend. RSI at 42.88, near the oversold zone, indicates the price may drop further before a slight upward correction. Investors may consider selling if the price breaks the 144.500 support, with a short-term target at 143.000. Regarding news: Inflation data from Japan and the U.S. will impact USDJPY. If Japan's inflation remains low, the Yen could weaken further.
Short
by Romio_pro
USD/JPY Rises Strongly with EMA Support and BoJ PolicyThe USD/JPY pair is currently trading around 146.716, with an upward trend supported by the trendline. The chart shows that the EMA 34 is supporting the price, while the EMA 89 provides a support zone around 146. The EMA 34 crossing above the EMA 89 signals a short-term uptrend. The RSI is at 68.04, indicating that USD/JPY is nearing overbought territory. This could lead to a short-term correction as the price approaches the resistance zone. If the price breaks through the 147.300 resistance level, the upward trend could continue strongly, with the next target possibly at 148.286 or higher. As for news: The Bank of Japan (BoJ) continues to maintain its loose monetary policy, creating a significant interest rate differential between the USD and JPY, driving this currency pair higher.
Long
by Romio_pro
USD/JPY: Bearish Pressure Below 147.000 USD ResistanceThe H4 chart of USD/JPY shows the pair trading under a descending trendline with consecutively lower highs. The 34-day EMA currently sits at 145.707 USD, near the lower support level, serving as strong support if the price continues to decline. The MACD indicator shows divergence between the MACD line and the signal line, indicating weakening bullish momentum, reinforcing the likelihood of a price correction. Traders might consider selling if the price tests the resistance around 147.000 USD but fails to break through. A take-profit could be set near the 145.000 USD support with a stop-loss slightly above the previous high to minimize risk. On the news front: U.S. economic data, especially the upcoming Nonfarm Payrolls report, will significantly impact USD/JPY. Positive data could strengthen the USD, supporting the pair's bullish trend.
Short
by Romio_pro
USDJPY Adjusts, Forms New Resistance, Awaiting Signals from BOJCurrently, USDJPY is adjusting after breaking out of a downward channel, creating a new resistance zone at 145.000 and showing signs of a potential reversal. The EMA 34 and EMA 89 lines are currently above the price, acting as dynamic resistance levels and applying downward pressure. The key support zone lies around 143.500. If the price drops to this level and strong buying pressure emerges, we can expect a potential rebound from here. Traders should closely monitor price action at key support and resistance levels. Entering buy or sell positions should be based on clear price action or technical signals. On the news front: The Japanese yen stabilized on Thursday after a strong rise earlier in the week, driven by bets that the Bank of Japan will further hike interest rates this year following a series of tightening signals from BOJ officials.
by Romio_pro
1
USDJPY bulls struggle but bears need validation from 149.00USDJPY reverses the first weekly loss in five while printing mild gains around 150.50 early Tuesday. In doing so, the Yen pair seesaws near a three-week-old horizontal resistance surrounding 150.90-151.00. It’s worth noting that the lackluster RSI and sluggish MACD signals suggest further grinding of the quote below the stated key resistance. The bearish momentum, however, appears less likely until the prices stay beyond a convergence of the 200-SMA and a two-month-long rising support line, close to 149.00. Apart from the 149.00 support confluence, January’s high of near 148.80 will also try to challenge the Yen pair sellers before giving them control. Meanwhile, an upside break of the 150.90-151.00 resistance region will allow the USDJPY buyers to aim for the double tops marked during late 2022 and 2023 near 152.00. It should be observed that the Yen pair’s run-up beyond the 152.00 hurdle highlights the 160.00 psychological magnet and the year 1990 peak of around 160.40 for the bulls. In that case, the overbought RSI line and likely adjustments in the Bank of Japan’s (BoJ) monetary policy will challenge the pair’s further upside. Overall, the USDJPY pair’s upside momentum runs out of steam but the bearish move is yet to gain acceptance and hence needs validation from the key support of near 149.00, as well as the US/Japan fundamental catalysts scheduled for publishing during this week.
by MTradingGlobal
USD/JPY market analysis todayLooking at the technical picture of USD/JPY on the 4 -hour chart, they can see that: Currently, the USD/JPY pair is maintaining an increase within the limit between 147,00. From the strong US economic data, it has contributed to consolidating the US dollar (USD). In addition, the US dollar index (DXY), USD measurement compared to other six main currencies, remains over 105.35 and is close to the highest daily store since March. Currently, this pair of money is trading around 147.45 with a slight decrease of 0.02% in today's session so it can be the motivation for gold to continue the increase in the short term.
by Samson-FX